Lazard LAZ
NYSE LAZ
$44.08 -0.08 (-0.17%)
As of: Aug 24, 2026 · 3:59 PM EDT

Lazard (LAZ) Enterprise Value (2009 - 2026)

Lazard (LAZ) posted Enterprise Value of -$988.5 million for Q2 2026, down 5.25% sequentially from -$939.2 million in Q1 2026, and down 10.49% YoY from -$1.1 billion in Q2 2025.

Lazard (LAZ) Enterprise Value (2009 - 2026) Analysis & Trends

Lazard has reported Enterprise Value for 18 years, with the latest figure at -$988.5 million in Q2 2026.

  • Quarterly Enterprise Value fell 10.49% year-over-year to -$988.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$988.5 million (down 10.49% YoY) and the FY2025 annual result came in at -$1.4 billion, down 13.22% from the prior year.
  • Enterprise Value retreated to -$988.5 million in Q2 2026 per LAZ's latest filing, from -$939.2 million in the prior quarter.
  • Over five years, Enterprise Value peaked at $582.8 million in Q4 2022 and troughed at -$1.4 billion in Q4 2025.
  • A 5-year average of -$727.4 million and a median of -$829.8 million in 2024 frame the typical range for Enterprise Value.
  • The sharpest annual moves came in 2022 and 2023: Enterprise Value jumped 30.86% in 2022, then plunged 251.63% in 2023.
  • Over 5 years, Enterprise Value stood at $582.8 million in 2022, then slumped by 251.63% to -$883.6 million in 2023, then plunged by 39.04% to -$1.2 billion in 2024, then retreated by 13.22% to -$1.4 billion in 2025, then climbed by 28.94% to -$988.5 million in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$988.5 million, -$939.2 million, and -$1.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Morgan Stanley 333.21 Bn 173.07 Bn - -160.14 Bn
2 Goldman Sachs 311.14 Bn -665.21 Bn - -976.35 Bn
3 Schwab Charles 196.95 Bn 123.36 Bn - -73.59 Bn
4 Robinhood Markets 93.19 Bn 75.81 Bn 1.20 Bn -17.32 Bn
5 Interactive Brokers 41.71 Bn -22.59 Bn - -47.96 Bn
6 LPL Financial Holdings 29.06 Bn 26.36 Bn - -2.70 Bn
7 Tradeweb Markets 23.03 Bn 20.97 Bn - -1.35 Bn
8 Circle Internet 21.70 Bn 19.97 Bn 288.85 Mn -1.73 Bn
9 Futu Holdings 16.14 Bn 214.18 Mn 733.58 Mn -15.88 Bn
10 Lazard 4.45 Bn 3.35 Bn - -988.50 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -988.50 Mn
Mar 31, 2026 -939.24 Mn
Dec 31, 2025 -1.39 Bn
Sep 30, 2025 -1.09 Bn
Jun 30, 2025 -894.68 Mn
Mar 31, 2025 -824.78 Mn
Dec 31, 2024 -1.23 Bn
Sep 30, 2024 -1.08 Bn
Jun 30, 2024 -766.62 Mn
Mar 31, 2024 -834.77 Mn
Dec 31, 2023 -883.64 Mn
Sep 30, 2023 -571.57 Mn
Jun 30, 2023 -614.17 Mn
Mar 31, 2023 -507.13 Mn
Dec 31, 2022 582.76 Mn
Sep 30, 2022 -421.61 Mn
Jun 30, 2022 -331.76 Mn
Mar 31, 2022 -303.17 Mn
Dec 31, 2021 573.79 Mn
Sep 30, 2021 -609.77 Mn